Leading polysilicon and solar wafer producer GCL-Poly Energy Holding has placed a bid of US$150 million for the polysilicon assets of bankrupt renewable energy firm SunEdison via the US bankruptcy court dealing with the Chapter 11 proceedings.
China-based PV Manufacturer GCL System Integration Technology (GCLS) and downstream PV energy provider sister company, GCL New Energy (GCLNE) have both released strong financial results for the first half of 2016.
Battery storage has dominated the outcome of the National Grid’s 200MW Enhanced Frequency Response (EFR) tender, with the technology to be used for balancing services at grid scale for the first time in the UK.
Integrated PV module manufacturer REC Solar said it started volume production of its previously introduced 72-cell ‘TwinPeak’ module, using half-cut cells and PERC (Passivated Emitter Rear Contact) cell technology.
Leading polysilicon and multicrystalline wafer producer GCL-Poly Energy Holdings has reported first half 2016 financial results that as expected benefited from the downstream boom in China that kept both polysilicon and wafer prices high.
Solar wafer and module manufacturer ReneSola reported second quarter 2016 results impacted by a module end market demand slowdown in China and high polysilicon prices, while wafer ASPs decline, squeezing revenue and margins.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has reported second quarter 2016 financial results that exceeded key guidance metrics, while reiterating upwardly revised module shipments for the full-year.